Money
IRS says it’s made improvements to ‘Get My Payment’ online tool
- April 29, 2020
Likewise, you can see if your check was one of the first 88 million checks the Treasury Department says have been sent out thus far. But, we know that tens if not hundreds of millions of Americans who are eligible to receive up to $1,200 if single or $2,400 if joint filers are still waiting. (more...)
- April 29, 2020
Likewise, you can see if your check was one of the first 88 million checks the Treasury Department says have been sent out thus far. But, we know that tens if not hundreds of millions of Americans who are eligible to receive up to $1,200 if single or $2,400 if joint filers are still waiting. (more...)
United States firm warns of disruption to meat supply chain
- April 29, 2020
President Trump plans to sign an executive order invoking the Defense Production Act to compel meat processing plants to remain open during the coronavirus pandemic, Bloomberg first reported Tuesday. Tyson Foods, one of the world's biggest meat producers, was forced to close factories in four United States cities last week as it tested workers. The email from Burleson also said that Tyson Foods is "relaxing our attendance policy to encourage workers to stay at home when they're sick, ... (more...)
- April 29, 2020
President Trump plans to sign an executive order invoking the Defense Production Act to compel meat processing plants to remain open during the coronavirus pandemic, Bloomberg first reported Tuesday. Tyson Foods, one of the world's biggest meat producers, was forced to close factories in four United States cities last week as it tested workers. The email from Burleson also said that Tyson Foods is "relaxing our attendance policy to encourage workers to stay at home when they're sick, ... (more...)
COVID-19: Nation's Food Supply Chain Is Breaking, Tyson Chairman Warns
- April 28, 2020
According to Tyson, the company, headquartered in Springdale, Arkansas, has been forced to close the doors of many of its processing plants due to COVID-19, leaving more than 100,000 people without work. © ASSOCIATED PRESS In this April 2020, photo provided by Tyson Foods, workers wear protective masks and stand between plastic dividers at the company's Camilla, Georgia poultry processing plant. (more...)
- April 28, 2020
According to Tyson, the company, headquartered in Springdale, Arkansas, has been forced to close the doors of many of its processing plants due to COVID-19, leaving more than 100,000 people without work. © ASSOCIATED PRESS In this April 2020, photo provided by Tyson Foods, workers wear protective masks and stand between plastic dividers at the company's Camilla, Georgia poultry processing plant. (more...)
How major United States stock indexes fared Monday
- April 28, 2020
Tokyo ended the morning more than two percent up, while Hong Kong, Seoul, Taipei and Singapore were all more than one percent higher. Japan's government is warning against travel during the Golden Week holidays, which start this week and extend into early May, the biggest holiday for the nation after the New Year's holidays. (more...)
- April 28, 2020
Tokyo ended the morning more than two percent up, while Hong Kong, Seoul, Taipei and Singapore were all more than one percent higher. Japan's government is warning against travel during the Golden Week holidays, which start this week and extend into early May, the biggest holiday for the nation after the New Year's holidays. (more...)
HSBC warns credit losses may swell to US$11 bil this year
- April 28, 2020
It reported a 48pc slump in pre-tax profits to $3.2bn (€2.95bn) for the first three months of 2020. The Asia-focused bank also pushed back parts of its restructuring programme until at least till the end of 2020. Bloomberg News has reported that HSBC is the largest creditor of Singapore's Hin Leong Trading (Pte) Ltd, according to a presentation. At the behest of United Kingdom regulators, HSBC canceled its dividend last month to preserve capital for lending through the pandemic, angering key ... (more...)
- April 28, 2020
It reported a 48pc slump in pre-tax profits to $3.2bn (€2.95bn) for the first three months of 2020. The Asia-focused bank also pushed back parts of its restructuring programme until at least till the end of 2020. Bloomberg News has reported that HSBC is the largest creditor of Singapore's Hin Leong Trading (Pte) Ltd, according to a presentation. At the behest of United Kingdom regulators, HSBC canceled its dividend last month to preserve capital for lending through the pandemic, angering key ... (more...)
Major Boost for Welsh SMEs as New Bounce Back Loans Announced
- April 28, 2020
That left AIB customers frustrated as they were told to try to access CBILS through other lenders. "From me as a small business owner it's a big thumbs up". "The announcement of 14 new lenders for both CBILS and CLBILS means these newly accredited lenders will be able to deploy vital funding and get additional finance flowing to smaller businesses across the United Kingdom as quickly as possible". (more...)
- April 28, 2020
That left AIB customers frustrated as they were told to try to access CBILS through other lenders. "From me as a small business owner it's a big thumbs up". "The announcement of 14 new lenders for both CBILS and CLBILS means these newly accredited lenders will be able to deploy vital funding and get additional finance flowing to smaller businesses across the United Kingdom as quickly as possible". (more...)
Wall St surges as some USA states reopen for business
- April 28, 2020
Alaska, Georgia, South Carolina, Tennessee and Texas will gradually permit restaurants and other businesses to serve customers. "The biggest risk to the stock market is a premature reopening of the USA economy which results in an increase in Covid-19 cases and requires an abrupt reversal of these efforts to awaken the economy out of its engineered coma". (more...)
- April 28, 2020
Alaska, Georgia, South Carolina, Tennessee and Texas will gradually permit restaurants and other businesses to serve customers. "The biggest risk to the stock market is a premature reopening of the USA economy which results in an increase in Covid-19 cases and requires an abrupt reversal of these efforts to awaken the economy out of its engineered coma". (more...)
Ottawa Announces $62.5-Million to Support Fish Processors, Plant Workers
- April 28, 2020
Finance Minister Bill Morneau said Ottawa's program aimed at providing rent relief for businesses impacted from the COVID-19 pandemic will come with a $2-billion price tag, in which the federal government will provide the "lion's share" of funding. (more...)
- April 28, 2020
Finance Minister Bill Morneau said Ottawa's program aimed at providing rent relief for businesses impacted from the COVID-19 pandemic will come with a $2-billion price tag, in which the federal government will provide the "lion's share" of funding. (more...)
Tyson Foods Chairman Warns That 'The Food Supply Chain Is Breaking'
- April 28, 2020
Still, Tyson said the supply chain will remain "vulnerable" and confirmed a "limited supply of our products" until its own plants could reopen. Tyson said that in addition to the meat shortage, there has been a food waste issue. Millions of animals - chickens, pigs and cattle - will be depopulated because of the closure of our processing facilities. "The private and public sectors must come together". (more...)
- April 28, 2020
Still, Tyson said the supply chain will remain "vulnerable" and confirmed a "limited supply of our products" until its own plants could reopen. Tyson said that in addition to the meat shortage, there has been a food waste issue. Millions of animals - chickens, pigs and cattle - will be depopulated because of the closure of our processing facilities. "The private and public sectors must come together". (more...)
IRS enhances 'Get My Payment' online application to help taxpayers
- April 27, 2020
That's according to new data released from the tax agency, which came the same week that the IRS began issuing paper checks via the mail after a few weeks of sending out stimulus payments electronically, via direct deposit. The IRS warns that taxpayers should be alert for scam emails, phone calls and texts related to the stimulus payments, saying people should go directly to irs.gov. (more...)
- April 27, 2020
That's according to new data released from the tax agency, which came the same week that the IRS began issuing paper checks via the mail after a few weeks of sending out stimulus payments electronically, via direct deposit. The IRS warns that taxpayers should be alert for scam emails, phone calls and texts related to the stimulus payments, saying people should go directly to irs.gov. (more...)
Gas prices continue to fall amid COVID-19 pandemic
- April 27, 2020
Gas prices continue to drop nationwide due to COVID-19. Sheboygan and Ozaukee counties are around the same with prices around $1.25 per gallon. The country could see more price cuts on retail gas in May and beyond, depending on the re-opening of state economies. (more...)
- April 27, 2020
Gas prices continue to drop nationwide due to COVID-19. Sheboygan and Ozaukee counties are around the same with prices around $1.25 per gallon. The country could see more price cuts on retail gas in May and beyond, depending on the re-opening of state economies. (more...)
Energy and mining help Toronto market higher as price of oil climbs
- April 27, 2020
Strains in the Middle East can boost crude prices by signaling potential disruptions to shipments of oil around the world and possible supply shortages. The coronavirus outbreak has dominated market sentiment for most of 2020 as investors grapple with its economic consequences. In New York, the Dow Jones industrial average was up 327.09 points at 23,802.91. (more...)
- April 27, 2020
Strains in the Middle East can boost crude prices by signaling potential disruptions to shipments of oil around the world and possible supply shortages. The coronavirus outbreak has dominated market sentiment for most of 2020 as investors grapple with its economic consequences. In New York, the Dow Jones industrial average was up 327.09 points at 23,802.91. (more...)
Oil falls as crude in USA storage nears all-time high
- April 27, 2020
The market will test the limits of global storage capacity in the next few weeks, according to Goldman Sachs, creating the potential for violent price swings across oil markets. Brent crude was down $2.32, or 10.60%, at $29.67 a barrel. The reason for the narrower spread in Brent is that it is the pricing mechanism for two-thirds of the world's petroleum and is a seaborne crude oil. (more...)
- April 27, 2020
The market will test the limits of global storage capacity in the next few weeks, according to Goldman Sachs, creating the potential for violent price swings across oil markets. Brent crude was down $2.32, or 10.60%, at $29.67 a barrel. The reason for the narrower spread in Brent is that it is the pricing mechanism for two-thirds of the world's petroleum and is a seaborne crude oil. (more...)
Canadians can apply for Emergency Wage Subsidy
- April 27, 2020
Businesses can expect payments for the federal government's wage subsidy program to arrive beginning May 7, according to Prime Minister Justin Trudeau. But the CFIB says business owners who pay themselves in dividends wouldn't be included in the wage subsidy program, and won't be eligible if they changed the legal structure of the business since March 15. (more...)
- April 27, 2020
Businesses can expect payments for the federal government's wage subsidy program to arrive beginning May 7, according to Prime Minister Justin Trudeau. But the CFIB says business owners who pay themselves in dividends wouldn't be included in the wage subsidy program, and won't be eligible if they changed the legal structure of the business since March 15. (more...)
Airbus boss warns the firm is ‘bleeding cash’
- April 27, 2020
Faury added, that Airbus must act "urgently" to survive. What is your take on the recovery scenarios? Industry sources have said a new Airbus restructuring plan similar to its 2007 Power8 which saw 10,000 job cuts could be launched in the summer, but Faury indicated the company was already exploring " all options " while waiting for clarity on demand. (more...)
- April 27, 2020
Faury added, that Airbus must act "urgently" to survive. What is your take on the recovery scenarios? Industry sources have said a new Airbus restructuring plan similar to its 2007 Power8 which saw 10,000 job cuts could be launched in the summer, but Faury indicated the company was already exploring " all options " while waiting for clarity on demand. (more...)
Coronavirus: will the IRS send a second stimulus check to eligible Americans?
- April 27, 2020
If you're a Social Security or RRB benefits recipient with a qualified dependent child, but you didn't register using the non-filers tool by April 22, you'll still receive a $1,200 payment. Beginning Friday, the IRS is slated to send out its first paper checks to millions more Americans for whom the government didn't have direct deposit information, according to an IRS timeline reported by the Washington Post . (more...)
- April 27, 2020
If you're a Social Security or RRB benefits recipient with a qualified dependent child, but you didn't register using the non-filers tool by April 22, you'll still receive a $1,200 payment. Beginning Friday, the IRS is slated to send out its first paper checks to millions more Americans for whom the government didn't have direct deposit information, according to an IRS timeline reported by the Washington Post . (more...)
Oil falls, June WTI leads losses on storage fears
- April 27, 2020
The price of oil recovers from the collapse in the May futures contract , but the economic shock from COVID-19 may continue to drag on crude as the Great Lockdown disrupts global demand, with the oil surplus raising the cost of storage. "Anybody who has had length who doesn't have storage contracts has either closed their positions (in June) or rolled far forward ... because it's suicide to carry a position into the close after seeing what happened last month", said Tony Nunan, a senior ... (more...)
- April 27, 2020
The price of oil recovers from the collapse in the May futures contract , but the economic shock from COVID-19 may continue to drag on crude as the Great Lockdown disrupts global demand, with the oil surplus raising the cost of storage. "Anybody who has had length who doesn't have storage contracts has either closed their positions (in June) or rolled far forward ... because it's suicide to carry a position into the close after seeing what happened last month", said Tony Nunan, a senior ... (more...)
Coronavirus: Queensland premier ready for NRL talks after submission of plan
- April 27, 2020
Premier Annastacia Palaszczuk says there may be a staged reopening of Queensland schools. 'We can only do this because of the work and sacrifices of Territorians - and we can only keep our parks open if Territorians are respectful of each other's space, ' he said. (more...)
- April 27, 2020
Premier Annastacia Palaszczuk says there may be a staged reopening of Queensland schools. 'We can only do this because of the work and sacrifices of Territorians - and we can only keep our parks open if Territorians are respectful of each other's space, ' he said. (more...)
Embraer Protests Cancelled Boeing Deal
- April 27, 2020
The company was to continue developing the KC-390 tactical transport and inflight refueling aircraft. Embraer says Boeing wanted to avoid its commitments to close the transaction and pay the agreed purchase price as the United States company faces financial troubles linked to the 737 MAX fiasco. (more...)
- April 27, 2020
The company was to continue developing the KC-390 tactical transport and inflight refueling aircraft. Embraer says Boeing wanted to avoid its commitments to close the transaction and pay the agreed purchase price as the United States company faces financial troubles linked to the 737 MAX fiasco. (more...)
Ontario and Mississauga COVID-19 numbers as of April 26, 2020
- April 27, 2020
Confirmed cases of COVID-19 in Canada. Quebec's premier and health director are both pushing the idea as a strategy to reopen schools. Peel Public Health says 31 residents have died in long-term care homes. In total, an eligible employee who works 40 hours a week would receive $3,560 in additional compensation, said the province . There are three people in hospitals and two of those are in ICU. (more...)
- April 27, 2020
Confirmed cases of COVID-19 in Canada. Quebec's premier and health director are both pushing the idea as a strategy to reopen schools. Peel Public Health says 31 residents have died in long-term care homes. In total, an eligible employee who works 40 hours a week would receive $3,560 in additional compensation, said the province . There are three people in hospitals and two of those are in ICU. (more...)
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